Visit this listing at https://www.sbx.com.au/business?id=SFG1064

Business Code: SFG1064

Key Features: Smash Repairs - High Exposure - Lead repairer in area - Strong profitability

State: NSW

Location: Prime street front position in industrial complex on main road with brilliant exposure guaranteeing patronage in Western Suburbs.

Description

Automotive smash repairer with excellent reputation achieving high net returns. - Lead panel beater in area features significantly above average equipment including Saico spray booth plus a second booth, auto robot, 4 tonne hoist, scissor lift, pull rack, tig and spot welders. - Full camera security with lockable gate and abundance of car space availability. - Excellent office facility and mezzanine level for storage. - The business features a good mix of insurance and private work including a reputation for restorations. - Great local branding with professional website and active Facebook page.

Summary

  • Features: Excellent high visibility street front location - Strong local branding. - High google reviews. - High demand for private work.
  • Potential: Accept further work as demand is high.
  • Premises: Two adjacent workshops with excellent equipment levels, undercover external area and ample parking comprising 450 sq. mts.
  • Trading Hours: 5.5 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 1 p.m.
  • Lease: Lease on workshop number 1 expires November 2022 + a further 3 year option. - Lease on workshop 2 expires May, 2023. - A new lease would be available. - 3 month security bond and 3% p.a. increases.
  • Employees: 2 owners + 2 full-time employees.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,000

Cost of Goods

$4,800

Gross Profit

$7,200

Rent

$820

Wages

$2,500

Telephone

$70

Insurance

$65

Electricity

$90

Misc1

$65

Misc2

$120

Total Expenses

$3,730

Estimated Stock (Additional)

$65,000

Equipment (Included)

$175,000

Net Profit

$3,470

Price

$290,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Smash Repairs - Automotive Workshop

Business Code: SFG1064
Price: $290,000
+ Estimated SAV $65,000

Key Features: Smash Repairs - High Exposure - Lead repairer in area - Strong profitability

State: NSW

Location: Prime street front position in industrial complex on main road with brilliant exposure guaranteeing patronage in Western Suburbs.

Parking: Excellent off street parking for customers and work in progress projects..

Description

Automotive smash repairer with excellent reputation achieving high net returns. - Lead panel beater in area features significantly above average equipment including Saico spray booth plus a second booth, auto robot, 4 tonne hoist, scissor lift, pull rack, tig and spot welders. - Full camera security with lockable gate and abundance of car space availability. - Excellent office facility and mezzanine level for storage. - The business features a good mix of insurance and private work including a reputation for restorations. - Great local branding with professional website and active Facebook page.

Summary

  • Features: Excellent high visibility street front location - Strong local branding. - High google reviews. - High demand for private work.
  • Potential: Accept further work as demand is high.
  • Premises: Two adjacent workshops with excellent equipment levels, undercover external area and ample parking comprising 450 sq. mts.
  • Trading Hours: 5.5 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 1 p.m.
  • Lease: Lease on workshop number 1 expires November 2022 + a further 3 year option. - Lease on workshop 2 expires May, 2023. - A new lease would be available. - 3 month security bond and 3% p.a. increases.
  • Employees: 2 owners + 2 full-time employees.
  • Sale Reason: Multiple business interests
  • Comments: Well priced opportunity to acquire well located and well regarded profitable smash repairer. - Desirable mix of insurance and private work leads to higher net margins adding to the attractiveness of this high exposure business. -Misc.- 1- workers compensation premium. - Misc.- 2 - sundry expenses. - Stock comprising significant spare parts, panels and tyres is in addition to asking price. - The business provides a strong net return to the owners who can advise further upon meeting.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$12,000

Cost of Goods

$4,800

Gross Profit

$7,200

Rent (ex GST)

$820

Wages

$2,500

Telephone

$70

Insurance

$65

Electricity

$90

Misc1

$65

Misc2

$120

Total Expenses

$3,730

Estimated Stock (Additional)

$65,000

Equipment (Included)

$175,000

Net Profit

$3,470

Price

$290,000
+ Estimated SAV $65,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.